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1:55 PM ET, January 4, 2012

memeorandum

 Top Items: 
Erick Erickson / RedState:
Everything You Heard Last Night Was Bull, Perry Might Want to Stay In, & a Newtlear Attack  —  As you wake up this morning, Rick Santorum only lost to Mitt Romney by 8 votes.  Santorum spent about a dollar per vote and Romney spent hundreds of dollars for his votes.
RELATED:
Nate Silver / FiveThirtyEight:
Winning Ugly, but Winning  —  I don't care if you call it a win or a tie.  In Iowa on Tuesday, Mitt Romney had a performance that looks ugly on the stat sheet , but which accomplished quite a bit when you consider it in its broader context.  —  The two most important things that Mr. Romney accomplished are as follows:
Ron Fournier / NationalJournal.com:
Bachmann Ends Presidential Run — Source  —  Rep. Michele Bachmann is suspending her presidential campaign, said a senior Republican official with direct knowledge of the lawmaker's plans.  The official, who spoke on condition of anonymity, said the Minnesota lawmaker, a favorite …
BuzzFeed:
McCain To Endorse Romney Tomorrow  —  The 2008 Republican nominee will endorse his former rival in New Hampshire, a source tells BuzzFeed.  The move will give Romney some high-profile good news after a close and ambiguous finish in Iowa.  —  (Getty Images / Mark Wilson)
Jeff Zeleny / New York Times:
Romney Wins Iowa Caucus by 8 Votes  —  “Onto New Hampshire, let's get that job done!”  Mitt Romney told supporters before being declared the winner.  More Photos »  —  DES MOINES — Mitt Romney's quest to swiftly lock down the Republican presidential nomination with a commanding finish …
Russell Goldman / ABCNEWS:
Michele Bachmann Drops Out of Presidential Race  —  Rep. Michele Bachmann will “suspend her campaign,” a senior campaign official told ABC News today, hours after placing last in the Iowa caucuses and vowing to continue in South Carolina.  —  Bachmann cancelled plans to travel to South Carolina …
David Weigel / Slate:
Rickrolled: Three Lessons from Iowa … - Is the Virginia Law Keeping Perry and Gingrich Off the Ballot Constitutional?  — The Real Threat to Marriage Isn't Gay Marriage—It's Straight Civil Unions  — The App That Keeps You Going to the Gym by Charging You Money When You Don't
Kevinliptak / CNN:
Bachmann ends GOP presidential bid  —  (CNN) - Michele Bachmann ended her bid for the Republican presidential nomination Wednesday, hours after a disappointing sixth-place finish in the Iowa caucuses.  —  The Minnesota congresswoman suspended her campaign, a legal technicality that will allow …
Paul Begala / The Daily Beast:
Iowa Results Show Romney's Weakness Even Against GOP ‘Unelectables’  —  What can you say about an alleged frontrunner who could barely top the Man-on-Dog guy?  If Mitt Romney can't beat Rick Santorum, he ought to find another party to run in.  —  You gotta love a party in which Mitt Romney …
Discussion: CANNONFIRE and Saint Petersblog
Emily Schultheis / Reuters:
Bachmann ends campaign  —  Michele Bachmann announced Wednesday morning that she would drop her presidential bid following her sixth-place finish in the Iowa caucuses Tuesday.  —  “Last night, the people in Iowa spoke with a very clear voice, and so I have decided to step aside,” Bachmann told supporters in West Des Moines.
msnbc.com:
First Thoughts: What we learned from last night
Scott Johnson / Power Line:
A weak frontrunner
Wall Street Journal:
Iowa's Opening Skirmish
Igor Volsky / ThinkProgress:
Rick Santorum Compares ‘Social Welfare Programs’ Like Medicaid To Fascism In Iowa Speech
Discussion: Lawyers, Guns & Money
Associated Press:
AP sources: Obama bucks GOP, OKs consumer watchdog  —  WASHINGTON (AP) — In a defiant display of executive power, President Barack Obama on Wednesday will buck GOP opposition and name Richard Cordray as the nation's chief consumer watchdog even though the Senate contends the move is inappropriate …
RELATED:
Dan Pfeiffer / White House.gov Blog:
America's Consumer Watchdog  —  Today the President will appoint Richard Cordray to lead the Consumer Financial Protection Bureau.  He has one important job: look out for the best interest of American consumers.  He'll work on behalf of millions of families across the nation to ensure they're …
Peter Schroeder / The Hill:
GOP blasts Obama for ‘unprecedented power grab’ with appointment  —  Republican leaders in the House and Senate are blasting President Obama's move to recess-appoint a key nominee as an “unprecedented power grab.”  —  Minority Leader Mitch McConnell (R-Ky.) said the president …
Donovan Slack / The Politico:
Boehner: Richard Cordray appointment ‘unprecedented power grab’ by Obama
Discussion: Balloon Juice
The Caucus:
Defying Republicans, Obama to Name Cordray as Consumer Agency Chief
Discussion: ACS Blog and DealBook
Los Angeles Times:
Obama bypassing Senate to appoint Richard Cordray consumer chief
Associated Press:   Obama bypasses Senate, installs new consumer chief
Jonathan Martin / The Politico:
Conservative elites to huddle  —  A group of movement conservatives has called an emergency meeting in Texas next weekend to find a “consensus” Republican presidential hopeful, POLITICO has learned.  —  “You and your spouse are cordially invited to a private meeting with national conservative leaders …
Discussion: ThinkProgress and GOP 12
RELATED:
Grace Wyler / Business Insider:
Ron Paul May Have Secretly Won The Iowa Caucuses  —  DES MOINES — Ron Paul may have officially come in third tonight, but if the campaign's caucus strategy went off as planned, then Paul may actually be the real winner of the first Republican voting contest.
Taegan Goddard's Political Wire:
Gingrich Floats Idea of Anti-Romney Alliance  —  In an interview with Laura Ingraham, Newt Gingrich raised the possibility of creating an anti-Mitt Romney alliance with Rick Santorum.  —  Ingraham: Can you see a scenario under which the two of you would align together to try to defeat the establishment candidate, Mitt Romney?
Alicia M. Cohn / The Hill:
DNC chairwoman: Romney's Iowa caucus win is ‘a loss’
Helene Cooper / New York Times:
Democrats Target Romney After Iowa Win
Discussion: Truthdig
David Corn / MoJo Articles:   Newt the Destroyer  —  Gingrich is now on a single-minded mission …
Amy Sullivan / The Atlantic Online:
Rick Santorum, Social Conservative Hero
Discussion: neo-neocon and Outside the Beltway
Maureen Dowd / New York Times:
Oedipus Rex Complex
The Politico:
Perry: ‘Here we come, South Carolina!’  (Updated)  —  Despite his announcement last night that he would return to Texas and “reassess” his campaign, Rick Perry's tweet just now suggests he's not done just yet: … Perry's continued presence in the race is a net positive for Romney …
Discussion: LifeNews.com and GOP 12
RELATED:
William A. Jacobson / Le·gal In·sur·rec· tion:
Rick Perry not suspending campaign, going to South Carolina (Reader poll added)
Mackenzie Weinger / The Politico:
Ron Paul calls Newt Gingrich a ‘chickenhawk’  —  Ron Paul came out swinging Wednesday against Newt Gingrich for calling him a dangerous candidate, dubbing Gingrich a chickenhawk who avoided the Vietnam War.  —  “I don't want to fight a war that's unconstitutional and I'm the dangerous person?
Discussion: Hot Air and The Hinterland Gazette
RELATED:
Kevinliptak / CNN:
TRENDING: Paul: Gingrich a ‘chickenhawk’
 
 
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 More Items: 
BREITBART.COM:
Mexican Grand Warlock predicts Obama loss in 2012
Peter F. Vallone Jr / New York Post:
Our misfiring gun laws
CBS News:
Obama campaigns at the other Iowa caucuses
Daniel J. Mitchell / Wall Street Journal:
Will Republicans Hand the Left a VAT Victory?
 Earlier Items: 
Investor's Business Daily:
The Great Golden State Business Exodus
New York Times:
Bring Back Boring Banks
Discussion: naked capitalism and EconLog
Andrew Cohen / The Atlantic Online:
A Federal Judge Responds Defiantly to Chief Justice Roberts
RealClearPolitics Video Log:
Michelle Obama Jokes: “I Kind Of Like” Being Called “Your Excellency”
Discussion: The Gateway Pundit and Moonbattery
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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